xAI, Elon Musk’s AI Venture, Secures $6 Billion in Funding from Top Investors
Elon Musk's artificial intelligence company xAI has secured $6 billion from prominent investors including BlackRock, Nvidia Corp., and AMD.
Startups
Anupam Mittal and Aman Gupta Share Their Honest Thoughts on Shark Tank Pakistan
Shark Tank India judges Anupam Mittal and Aman Gupta recently appeared on a podcast with Sharan Hegde where they shared their candid thoughts on 'Shark Tank Pakistan'.
US Man Claims Indian Executive Replaced Founders, Filled Top Roles with Fellow Nationals After Taking Over
A recent social media post by a US attorney has ignited a fiery discussion about Indian immigrants in the US tech industry.
Thrive Becomes Latest Indian Startup to Fold, Citing Lack of Resources
Founded in 2020 by Krishi Fagwani, Dhruv Dewan, and Karan Chechani, Mumbai-based foodtech platform Thrive has shut down its operations.
Space Tech startup Pixxel Raises Fresh $24 Mn in Ongoing Series-B Funding Round
Pixxel, a US-India-based space tech firm, has secured an additional $24 million in its ongoing Series B funding round.
Backed by Shilpa Shetty, WickedGud Scores Fresh ₹20 Cr Funding
WickedGud, a D2C food brand backed by Bollywood actress Shilpa Shetty, has secured ₹20 crore in funding, led by Orios Venture Partners.
Dubai Angel Investors and MEVP Join Forces to Boost MENA Tech Startups
Dubai Angel Investors teams up with MEVP to boost MENA tech startups, offering capital, portfolio management, and support for early-stage entrepreneurs.
Indian Air Taxi Startup ePlane Secures $14 Mn, Plans Manned Testing by Mid-2025
ePlane, an Indian air taxi startup, secures $14 Mn in funding to develop electric air taxis, aiming for manned testing by mid-2025 to transform urban mobility.
Dubai’s Pemo Scores $7 Mn Pre-Series A Round led by Augmentum Fintech and Shorooq
Dubai, UAE-based Pemo, a spend management platform has secured $7 million in Pre-Series A round led by Augmentum Fintech and Shorooq.
U.S.-based TeaLeaf Scores $6 Mn Pre-Seed Funding through Dubai’s FasterCapital
United States-based startup TeaLeaf which offers a marketplace for buying and selling quality tea, has raised $6 million with support from Dubai-based FasterCapital.
Dubai’s BECO Capital Raises $20 Mn from Riyadh’s SVC
Dubai-based venture capital firm BECO Capital has today raised $20 million from Riyadh, Saudi Venture Capital (SVC).
Palestinian Ibtikar Fund Closes Second Fund at $25 Mn
Ramallah, Palestine-based Ibtikar Fund, last week closed its second fund 'Ibtikar Fund II' at $25 million - aims to invest in 25 innovative startups.